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Russia has just reached a historic milestone with its gold reserves hitting a record $310.72 billion — a 57% surge from last year. With gold now making up over 42% of its total international reserves, Russia has climbed to become the 5th largest gold holder in the world. As economic tensions rise globally, Russia’s golden strategy could reshape the balance of financial power. Find out what this means for the future of gold, global markets, and the world’s top economies.
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00:00Russia just hit a golden milestone, and it's shaking up the global economy.
00:04Russia's gold reserves have skyrocketed to a historic $311 billion.
00:08That's a massive 57% jump from just a year ago.
00:12This marks the fourth month in a row of steady growth.
00:15Gold now makes up over 42% of Russia's total international reserves.
00:19That's the highest share it's had in 30 years.
00:22The country's total reserves, including foreign exchange, climbed to $734.59 billion.
00:27Russia is now the fifth largest gold holder in the world.
00:32With 2,329 tons of gold, it trails only the U.S., Germany, Italy, and France.
00:38To compare, China holds slightly less gold.
00:41But gold makes up only 768% of its total reserves.
00:45Meanwhile, the U.S. still leads the world with over 8,133 tons of gold.
00:50That's a staggering 80% of its total reserves,
00:53with gold now shining brighter than ever in Russia's vaults.
00:56The global power game is glinting with a golden edge.
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